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Although the possibility of the federal government defaulting on debt is zero unless Congress chooses to do so, pragmatic teabagging legislators in Virginia are studying the possiblity of issuing their own currency. Just in case.

“Are we seriously going to spend taxpayer resources studying a replacement to the world’s backbone currency? Are we descending into la-la land?” said Del. Mark D. Sickles (Fairfax), the Democratic Caucus chairman, in an interview last month.

http://www.washingtonpost.com/business/economy/virginia-coin...
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teabagging legislators in Virginia are studying the possiblity of issuing their own currency

Let's go git us sum of them cornfederate tea-bonds!

=alstro, close enough to check on Fort Sumter and knows where they keep the Hunley
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I was always proud to be a native Virginian; however, the state is going crazy. Virginia is almost as bad as SC.

Donna
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"Are we descending into la-la land?"

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Perhaps a vacation to Greece or an island getaway to Cyprus?
Then maybe a short trip into Italy and Spain.

Howie52
When folks start to wonder how debts are to be paid but they see only
actions that keep on going farther into debt, there will be some who
ask if there is any real intention of ever repaying anyone.
Now, if you ask the question "What if the US defaults?" most folks would
probably not first think about asking Virginia to intercede.

The world is increasingly a strange place - but I am encouraged by our
new Pope. He seems to showing a path toward sanity.
More leaders should follow his path.
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Here is an article about an "alternate" currency - I have never read
anything about this before and have not tried to verify the thing at all

http://www.foxbusiness.com/investing/2013/03/22/bitcoin-inte...

"The currency, a favorite among those worried about the safety of traditional banking and paper currency, is emerging as an apparent winner from the drama surrounding the bailout of tiny Cyprus.

Bitcoin"

http://en.wikipedia.org/wiki/Bitcoin

Howie52

Also, a link to a previous Virginia alternate currency:

http://historyisfun.org/colonial-paper-money.htm
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